Skanska signs €50m contract to build new apartments in Helsinki
Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki, Finland.
The contract is worth €50M, about SEK...
Tritax EuroBox acquires logistics property in Germany for €50.6m
Tritax EuroBox plc which invests in Continental European logistics real estate assets, has acquired a prime logistics property near Frankfurt in Germany for €50.6...
US private market funds surpass $7tn amid growing global dominance
U.S. private market fund managers are seeing exceptional growth, with total assets under management (AUM) now exceeding $7.26 trillion, according to new research from...
Panattoni secures financing for Polish logistics project
Panattoni has secured a €67 million loan for the two-building Panattoni Park Poznań A2 project in Wielkopolska.
The development is to be handed over...
Legal & General acquires self-storage portfolio
LGIM Real Assets (Legal & General) has entered the self-storage industry with the first landmark acquisition of the Iron self-storage portfolio.
The portfolio includes...
Lone Star buys 16-asset UK real estate portfolio from St. James’s Place
Lone Star Funds has completed the acquisition of a diversified multi-asset real estate portfolio from St. James’s Place (SJP) and its Property Unit Trust...
Supermarket Income REIT buys Worcester Tesco store for £38m
Supermarket Income REIT has purchased a Tesco omnichannel supermarket in Worcester, for £38.3 million, reflecting a net initial yield of 6.0%.
Tesco has been operating at...
Commercial real estate investment in Europe reaches 102bn in H1 2019
Rising trade tensions between the US and China caused the slowing of European economic growh more than expected in 2019, according to the BNP...
Workspace sells three London assets for £41.7m
Workspace Group Plc has completed the disposal of a three-asset portfolio for £41.7 million, in line with its conviction-led approach to portfolio optimisation.
The sale,...
GPE pays £53m for two central London offices
Great Portland Estates (GPE) has acquired the freehold interest of 141 Wardour Street, W1 for £39 million (£1,156 per sq ft).
The 33,717 sq...
UK commercial property capital values fall in September
UK commercial property capital values fell -0.4% in September 2019, according to the latest CBRE Monthly Index.
In the third quarter of 2019, UK commercial...
Catella buys residential property near Munich
Berlin-based Catella Investment Management GmbH (CIM), together with its KVG platform Catella Real Estate AG (CREAG), has acquired a multi-building residential property in Fürstenfeldbruck,...
